Mint Bangalore - March 25, 2025

In this issue

March 25, 2025

Sebi Eases FPI, AIF Rules; Conflicts of Interest Under Lens

India's markets regulator has relaxed its rules for foreign portfolio investors (FPIs), alternative investment funds (AIFs) and registered investment advisors, amid increasing cash equity market trading volumes.

2 mins

Manipal IPO filing by June, shortlists banks

Temasek-backed Manipal Hospitals plans to file draft papers for a $1 billion initial public offering by June, three people aware of the development said.

2 mins

Soon, Liquidation May Fetch More

A rule that kept bankrupt businesses on life support is on its way out, promising speed, transparency, and better liquidation value.

2 mins

Indian market may turn March's best performer

While Nifty erased its entire losses for the year, the Sensex is still 155 points lower

3 mins

China's Own Elon Musks Are Racing to Catch Up to SpaceX

China is pushing its commercial space industry to grow in a bid to spur greater innovation and close the gap with Elon Musk's SpaceX.

3 mins

Trump for 25% charge for buying Venezuela oil and gas

U.S. President Donald Trump said he would seek a 25% tariff on any nation purchasing oil and gas from Venezuela, citing migration and criminal gang members in the U.S.

1 min

India to Axe 'Google Tax' From 1 April Amid US Tariff Threats

Move to drop controversial levy comes in the wake of ongoing trade talks with Washington

2 mins

Private sector growth slows in March, manufacturing sustains

India's private sector showed signs of softening in March, with overall business activity expanding at a slower pace than in February, according to an HSBC flash survey.

1 min

US Delegation's New Delhi Visit Set to Push Trade Talks

As the deadline for US President Donald Trump's reciprocal tariffs approaches, a delegation led by assistant US trade representative Brendan Lynch is set to arrive in New Delhi on Tuesday for bilateral trade discussions.

1 min

If it's yellow, the US wants a free pass

India on 8 March introduced a 10% import duty on lentils, while extending till 31 May a zero-rate on yellow peas

2 mins

TCS, Infy hop onto Adobe's platform to sell AI services

Indian IT firms leverage the software maker's agentic AI to sell a full suite of automation tools

3 mins

AI boom fuels Asian data centre loan deals

Artificial intelligence (AI) advances are fuelling a funding frenzy for data centres in Asia, spawning a series of record-breaking loans and filling the pipeline with even more potential deals.

1 min

FMCG firms lose defensive tag

The fast-moving consumer goods (FMCG) sector is usually touted as a defensive play, given its non-cyclical nature as these firms sell essential goods.

2 mins

India Cuts Spot Tenders as Russian Oil Stabilizes

Indian refiners are likely to issue fewer tenders for spot crude in the coming months as volumes from top supplier Russia return to near normal levels, highlighting the trade's success in working around US sanctions.

1 min

DLF sees room for growth, but is it too early to be optimistic?

DLF Ltd's shares have dropped 18.5% in the past year, massively underperforming the sectoral Nifty Realty index, which is flattish.

1 min

How India's obesity drug market could boom after Mounjaro launch

It's not just for the celebrities anymore. The 'miracle' weight loss drug race has arrived in India with the launch of American drugmaker Eli Lilly's Mounjaro last week.

2 mins

Clearlake to buy Dun & Bradstreet for $4.1 bn in cash

Dun & Bradstreet has agreed to be acquired by private-equity firm Clearlake Capital for $4.1 billion, the data and analytics provider said on Monday, putting an end to its second stint as a public company after its stock-market listing more than four years ago.

1 min

Startups tweak supply chains to ride q-commerce wave

Early-stage startups say quick commerce is the fastest growing channel for their businesses

2 mins

23andMe Files for Bankruptcy as CEO Exits

The genetic testing company faced uncertainty, struggling to find a profitable model since going public in 2021

1 min

Scooter sales soar to pre-pandemic levels

Rising demand, electrification push scooters past motorcycles in growth

2 mins

BYD Sales Top $100 Billion, Overtakes Tesla

BYD Co.'s sales last year surpassed the $100 billion mark, leapfrogging Elon Musk's Tesla Inc. on revenue, as the Chinese auto giant wows consumers with a range of electric and hybrid cars with high-tech features.

2 mins

AI Steps into Director's Chair as Bollywood Rethinks Filmmaking

AI is driving faster scripts, smarter visuals and leaner budgets—refining creativity while disrupting storytelling

1 min

Actis buys 100% stake in Stride

The deal sees Actis take over Stride’s 371 MW portfolio of operating solar power assets from Maquarie Group

2 mins

Temasek seeks nod for Haldiram stake

Singapore's sovereign wealth fund Temasek Holdings has sought approval from the Competition Commission of India (CCI) to acquire about 10% stake in Haldiram Snacks Food.

1 min

Data-hungry investors dive deep for economic clues

Nervous about the economy, some seek clarity in job listings and jewelry sales

3 mins

Netanyahu and top aides think Israel must beat Hamas on the battlefield

As Israel gears up for renewed fighting, most opinion polls show the public wants a cease-fire to continue

4 mins

China Is Ready to Blockade Taiwan. Here's How.

Beijing's armed forces have bulked up and practiced isolating the island

5 mins

US delegation to visit Greenland as White House ramps up pressure on the island

Greenland Prime Minister Múte Egede called the planned visit days before local elections 'highly aggressive'

3 mins

IOB Sends Notice to IL&FS Engineering

L&FS Engineering Services on Monday said it has received a show cause notice from Indian Overseas Bank (IOB) for reviewing the classification of the company's loan account as a suspicious fraud account.

1 min

M&M in talks to buy stake in SML Isuzu

Automaker Mahindra & Mahindra (M&M) is in talks to buy Japan's Sumitomo Corp.'s entire 44% stake in heavy vehicle-maker SML Isuzu, CNBC Awaaz reported on Monday, citing sources.

1 min

Acer India Announces One Day Menstrual Leave Per Month

Acer India has introduced a menstrual leave policy that would give female employees one additional day of paid leave per month, as the tech firm joined a growing roster of companies that are looking to foster a more supportive workplace and champion gender-inclusivity.

1 min

Tata AutoComp to acquire IAC Sweden

Tata AutoComp Systems Ltd on Monday said it will acquire International Automotive Components Group Sweden AB (IAC Sweden), in a bid to strengthen its presence in Europe's automotive sector.

1 min

Amazon: No referral fee on 12 mn goods

Amazon India on Monday announced zero referral fees on over 12 million products on its platform that are priced below ₹300.

1 min

Indian Tech Startups Clinch $2.5 Bn in Q1

India's tech startups raised $2.5 billion in the first quarter of 2025, marking a 13.64% increase over the previous quarter and an 8.7% rise from the year-ago period, a feat that secured its spot as the third most-funded country globally after the US and UK, as per a report by market intelligence platform Tracxn.

1 min

Gopal Vittal named GSMA chairman

The GSMA, which represents global telecom operators and handset firms, on Monday appointed Gopal Vittal, vice chairman and managing director of Bharti Airtel, as its new chairman, until 2026 end.

1 min

RBI Issues Revised PSL Guidelines

The Reserve Bank of India (RBI) on Monday issued revised guidelines on priority sector lending (PSL) to facilitate better targeting of bank credit to the priority sectors of the economy.

1 min

Bank of America to change India head

The executive leading Bank of America Corp.'s India business, Kaku Nakhate, is leaving her role after 15 years with the firm, according to a memo seen by Bloomberg News.

1 min

MPs to earn ₹1.24 lakh, over 8 times average Indian's income

With this increase, MPs' daily allowance increases by 25% from ₹2,000 to ₹2,500

1 min

ICICI Emerald Private Metal takes on HDFC Infinia: A game-changer?

ICICI's new card shakes up the market with superior travel, shopping rewards, challenging Infinia's dominance

5 mins

Middle-Income Trap: Can IGP Be India's Way Out?

The World Development Report 2024 highlights a critical issue: emerging economies like India risk being caught in the 'middle-income trap,' where stagnant productivity and weak innovation hinder their transition to high-income status.

2 mins

Funding my foreign firm: Can I avoid TCS?

I have incorporated an IT company abroad. I want to transfer money to my own account abroad and give a loan to my company outside India. Can I avoid TCS by doing this?

1 min

Grok Goes the Weasel as Musk's Tesla EVs Come Rolling into India

X's legal skirmish with the government could be part of a Trojan Horse strategy for brand salience

4 mins

The young of mainstream India are too embattled to dream big

Sapped by the hustle of the here and now, youth aspirations are limited to low-pressure jobs offering stability and security

4 mins

Watch out: The US Fed seems to be driving with a blindfold

It may be too late by the time it gets any clarity on the US economy

3 mins

Trump's dollar plan: Brace for exorbitant disruption

A Plaza Accord redux to weaken the US currency is part of an approach that's too deeply flawed to work

3 mins

To heal, disconnect from work and connect with nature

For Dr Issac Mathai, healer to the global elite, true well-being is about achieving a harmony of body, mind and spirit

3 mins

Managing diabetes in a high-stress environment like a kitchen can be tough. Three chefs share their stories of balancing work and health

Starting his day at 8:30 a.m., chef Harsh Kedia, popularly known in the social media world as 'A Diabetic Chef,' immediately checks his blood sugar before enjoying a healthy breakfast, usually comprising oats or eggs.

4 mins

Zone 2 training: Get fit the slow and steady way

A long-term benefit of zone 2 training is an improved cardiovascular system

2 mins

Read all stories from Mint Bangalore

Mint Bangalore Newspaper Description:

Mint Bengaluru is your trusted Source for business & financial News. Mint Bengaluru provides detailed coverage of stock markets, corporate news, banking, technology, and economic policies, keeping you ahead in the world of business. With expert insights on NSE, BSE, and global financial markets, Mint Bengaluru delivers exclusive reports on Bengaluru’s booming startup ecosystem, IT sector, and business landscape. Whether you’re an investor, entrepreneur, or professional, Mint Bengaluru is your go to source for unbiased journalism and data-driven analysis.

Subscribe to Mint Bengaluru today!